Hand Dryers Market (By Type - Jet Air Hand Dryers and Hot Air Hand Dryers, By End User - Hotels, Food Processing and Food Service, Office Buildings, Healthcare, and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Albany, New York, Jan 20,2017
"Hand
Dryers Market (By Type - Jet Air Hand Dryers and Hot Air Hand Dryers,
By End User - Hotels, Food Processing and Food Service, Office
Buildings, Healthcare, and Others) - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
Hand
dryers play an important role in washroom hygiene. It is an
electrical device, generally installed in public washrooms for the
purpose of drying hands. Hand dryers either operate automatically by
using sensors or manually by using a push button. The major end users
of hand dryers include food processing and food service, hotels,
office buildings, and healthcare among others. Food processing and
food service which includes restaurants and fast food joints is the
largest end user segment of the hand dryers market. In addition, rise
in installation of hand dryers in school, colleges, railway stations,
and malls among others is expected to drive the market growth during
the forecast period. In the next few years, hand dryers are most
likely to be installed in homes which are further expected to
influence the market positively. Moreover, global hand dryers market
is expanding rapidly during the forecast period attributed to
increasing demand for high end appliances which help in saving nature
and power as well.
Economic
slowdown has put corporate and individuals under pressure for cutting
down operation expenses. This has led to installation of hand dryers
in washrooms which proves to be economical in comparison to paper
towels. Although initial investment for installation of hand dryer is
high, it can substantially reduce the cost of operations compared to
paper towels. In addition, washrooms in hotels, airports, and offices
are equipped with appliances that not only look stylish but also use
minimum power and offer maximum advantage. Moreover, demand for
faster and hygienic hand drying is leading to increasing
incorporation of hand dryers in public washrooms. Demand for eco
friendly appliances is increasing due to global warming and rise in
awareness about ecology and sustenance. Paper towels are produced by
cutting down trees, which is having a detrimental effect on the
environment. Hand dryers help in saving power as well as paper,
reducing solid waste generated by used paper towels. All these
factors are positively contributing to the market growth throughout
the forecast period.
However,
high noise level of hand dryers is a major concern especially in
areas such as offices, educational institutes, or hotel rooms among
others. This factor is negatively impacting the installation of hand
dryers, which in turn is restraining the market growth. Moreover,
requirement of high initial investment upfront is further hampering
the market growth during the forecast period. Major opportunities for
key players in the market lies in technological advancements focusing
on overcoming challenges of high noise level and preventing growth of
microbial contaminates in washrooms.
The
competitive profiling of the key industry participants in the global
hand dryers market across four broad geographic regions is included
in the study. The key players have also been profiled on the basis of
company overview, financial overview, business strategies, and the
recent developments in the field of hand drying. Also, the market
attractive analysis of the major end user areas has been provided in
the report, in order to offer a deep insight of global hand dryers
market.
A
comprehensive analysis of the market dynamics that is inclusive of
market drivers, restraints and opportunities is included in the
purview of the report. Market dynamics are the distinctive factors
which impact the market growth, thereby helping to understand the
ongoing trends of the global hand dryer market. Therefore, the report
provides the forecast of the global market for the period from 2015
to 2023, along with offering an inclusive study of the hand dryers
market.
Some
of the major players in the hand dryers market are: American Dryer,
Inc. (U.S.), Bradley Corporation (U.S.), Dyson Ltd. (U.K.),
Electrostar Gmbh (Germany), Excel Dryer, Inc. (U.S.), Mitsubishi
Electric Corporation (Japan), and World Dryer Corporation (U.S.)
among others.
*
The global Hand Dryers market has been segmented into:
– Global Hand Dryers Market, By Types
- Jet Air Hand Dryers
- Hot Air Hand Dryers
– Global Hand Dryers Market, By
End-Users
- Hotels
- Food Processing and Food Service
- Office Buildings
- Healthcare
- Others
* Global Hand Dryers Market, By
Geography:
– The market is broadly segmented on the basis
of geography into:
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- Rest of APAC
- Rest of the World
- Latin America
- Middle East
- Africa
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